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REITs Aren't Dead
News 1 week ago
REITs Aren't Dead

Mortgage Real Estate Investment Trusts (REIT) prices have seen a dramatic decline, opening up a good investment opportunity according to Seeking...

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New York Governor Announces 90-Day Mortgage Relief Plan
News 1 week ago
New York Governor Announces 90-Day Mortgage Relief Plan

New York Governor Andrew Cuomo has announced a 90-day mortgage relief plan for homeowners across the state, responding to the spread of coronavirus...

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News 1 week ago
HUD, FHFA Clarify Timeline for Foreclosure and Eviction Suspensions

Hours after President Trump announced a suspension of foreclosures and evictions for mortgages backed by the U. S. Department of Housing and Urban...

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What is Causing the Drop of Rent-Burdened Households
News 1 week ago
What is Causing the Drop of Rent-Burdened Households

The share of rent-burdened households in the United States has declined over the past decade, albeit modestly. However, it sits just below 50%...

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Preparing for Recession
News 1 week ago
Preparing for Recession

Wall Street plummeted on Monday, and with the United States now dealing with one of the most abrupt halts in economic activity in history. Markets...

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HUD Suspends Face-to-Face Requirement in Response to COVID-19
News 2 weeks ago
HUD Suspends Face-to-Face Requirement in Response to COVID-19

Early Saturday morning, the U. S. Department of Housing and Urban Development (HUD) issued a partial waiver of 24 CFR 203.604, a servicing policy...

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Big Apple Tackling Property Tax Problems
News 2 weeks ago
Big Apple Tackling Property Tax Problems

New York City is making some changes to its property tax codes, but some groups note that the changes benefit homeowners only, leaving renters...

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News 2 weeks ago
Fannie Mae Transfers $12B in Unpaid Principal Balance

Fannie Mae has announced that it priced its second Multifamily Connecticut Avenue Securities (MCAS) transaction as part of the company's ongoing...

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News 2 weeks ago
Industry Groups Applaud FHA CWCOT Changes

On Monday, March 9, the National Mortgage Servicing Association (NMSA) submitted its feedback to the proposed enhancements to the FHA's CWCOT ...

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High-End Renters are Changing the Market
News 2 weeks ago
High-End Renters are Changing the Market

Between 2010 and 2018, over three-quarters of rental growth was in high-end rentals or those with incomes of $75,000 or more. According to Daniel...

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Seven Major Mortgage Servicing Tech Trends
News 3 weeks ago
Seven Major Mortgage Servicing Tech Trends

The tech revolution in mortgage servicing continues, challenging our industry to continue evolving to keep pace. As the next decade unfolds, we...

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News 3 weeks ago
Five Star Global Cancels Conferences in Response to COVID-19

On Friday, March 6, Five Star Global, the parent company of the Five Star Institute and the Alliance of Merger & Acquisition Advisors, announced...

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The Industry Pulse: GSE Investing in Disaster Areas
News 3 weeks ago
The Industry Pulse: GSE Investing in Disaster Areas

Fannie Mae has announced that it has committed to invest up to $50 million in a low-income housing tax credit (LIHTC) fund that will support...

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The Week Ahead: An Eye on Mortgage Performance
News 4 weeks ago
The Week Ahead: An Eye on Mortgage Performance

This week, Freddie Mac will be releasing its latest Primary Mortgage Market Survey, a measure of changes in rates both month-over-month and year...

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FHFA To Disburse GSE Allocations to Housing Trust Fund
News 1 month ago
FHFA To Disburse GSE Allocations to Housing Trust Fund

Federal Housing Finance Association (FHFA) Director Mark Calabria has announced that he has authorized the disbursement of Fannie Mae and Freddie...

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News 1 month ago
Top Markets for REO 'Fix and Flip' Buyers

With mom-and-pop REO investors on the rise, where are investors finding the biggest returns on their REO "fix and flip" homes? In a new study of...

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NMSA and HUD Work to Improve CWCOT Program
News 1 month ago
NMSA and HUD Work to Improve CWCOT Program

On Tuesday, the Department of Housing and Urban Development (HUD) announced changes to the Federal Housing Agency's (FHA) Claims Without Conveyance...

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News 1 month ago
Court Clarifies 'Single-Satisfaction Rule' After Mortgage Lien Avoidance

In an examination of Jones v. Brand Law Firm PA (In re Belmonte), the U. S. Court of Appeals for the Second Circuit affirmed a lower court decision...

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The Housing and Economic Impact of Coronavirus
News 1 month ago
The Housing and Economic Impact of Coronavirus

A report by Bloomberg states that the coronavirus outbreak could be a "truly disruptive pandemic." The death toll from the virus is approaching 3...

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Industry Leader 'Applauds’ Nominee for Federal Housing Commissioner
News 1 month ago
Industry Leader 'Applauds’ Nominee for Federal Housing Commissioner

Insiders from the housing market reacted favorably to President Donald Trump's announcement that he intends to nominate Dana T. Wade to be the new...

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Former Housing Commissioner Picked to Replace Montgomery
News 1 month ago
Former Housing Commissioner Picked to Replace Montgomery

President Donald Trump announced Thursday his intent to nominate Dana T. Wade as the Assistant Secretary, for the Federal Housing Commissioner....

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The Industry Pulse: Stern & Eisenberg Adds New Attorney
News 1 month ago
The Industry Pulse: Stern & Eisenberg Adds New Attorney

Catherine Di Lorenzo, Esq. has joined the Stern & Eisenberg team as Managing Attorney for the state of Delaware. Admitted to the Delaware Bar in...

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Mortgage Delinquencies Hit Record Low
News 1 month ago
Mortgage Delinquencies Hit Record Low

Mortgage delinquencies fell to a new record low, and just 2 million homeowners are either past due on their mortgage loans or in some stage of...

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One-on-One With the Leader of Service Mac
News 1 month ago
One-on-One With the Leader of Service Mac

One of the first things President and CEO Robert "Bob" Caruso said to me during my visit to the offices of his mortgage subservicing company,...

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Investors See Record SFR Appreciation
News 1 month ago
Investors See Record SFR Appreciation

Single-family rents grew by an average of 3% in 2019, driven in part by the lowest unemployment rate in over 50 years, according to the CoreLogic...

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Los Angeles Agency Settles Claims It Violated Housing Requirements
News 1 month ago
Los Angeles Agency Settles Claims It Violated Housing Requirements

The CRA/LA, the successor of the Community Redevelopment Agency of the City of Los Angeles, agreed to pay $3.1 million to settle allegations that...

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$1.8B in Unpaid Balance in Reperforming Loan Sale
News 1 month ago
$1.8B in Unpaid Balance in Reperforming Loan Sale

Fannie Mae began marketing its fifteenth sale of reperforming loans this week, continuing the GSE's effort to reduce the size of its retained...

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News 1 month ago
Rule Could Have ‘Devastating’ Impact on Brokers

A New York judge has granted a temporary restraining order to prevent new rules taking effect that banned brokers from receiving fees on rentals in...

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News 1 month ago
Mortgage Debt Increases in Q4

Mortgage balances rose by $120 billion in Q4 2019 according to the Federal Reserve Bank of New York. Total household debt increased by $193 billion...

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The Inside Track on FHA Property Preservation
News 1 month ago
The Inside Track on FHA Property Preservation

DS News' Webinar Series, in partnership with Altisource, will present its next webinar on Tuesday, February 18, with Holding Down the Fort. Leaders...

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